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Specright Recognized as a Notable Vendor for Specification Management in Business Process Context: ‘Magic Quadrant™ for Multienterprise Supply Chain Business Networks’

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July 12, 2022
7.12.22
Tuesday
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Specright has been recognized as a Notable Vendor for Specification Management software in the 2022 Gartner® Business Process Context: ‘Magic Quadrant for Multienterprise Supply Chain Business Networks’ (MESCBN)

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Bringing together leaders in industry and technology to drive innovation.
Matthew Wright
Founder & CEO
About Matthew
Matthew Wright is the founder & CEO of Specright, the first cloud-based platform for Specification Management. Specright has been recognized as a Gartner Cool Vendor, received the Salesforce Innovation Award and was named one of the Top Places to Work by the OC Register and Built in LA. Wright is also a published author and his book, “The Evolution of Products and Packaging,”was named to the Amazon Hot New Release List for Industrial Relations Business and has a five star rating.

Prior to founding Specright, Wright spent more than 25 years in the packaging industry, holding leadership positions at International Paper, Temple Inland, and rightPAQ — a packaging company he co-founded. He has also been involved in leading multiple M&A deals in the packaging industry and sits on the Packaging Advisory Board at Cal-Poly San Luis Obispo.
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Specright Recognized as a Notable Vendor for Specification Management in Business Process Context: ‘Magic Quadrant™ for Multienterprise Supply Chain Business Networks’

Specright has been recognized as a Notable Vendor for Specification Management software in the 2022 Gartner® Business Process Context: ‘Magic Quadrant for Multienterprise Supply Chain Business Networks’ (MESCBN)

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Press Release

Specright Recognized as a Notable Vendor for Specification Management in Business Process Context: ‘Magic Quadrant™ for Multienterprise Supply Chain Business Networks’

Specright has been recognized as a Notable Vendor for Specification Management software in the 2022 Gartner® Business Process Context: ‘Magic Quadrant for Multienterprise Supply Chain Business Networks’ (MESCBN)

Posted on 
July 12, 2022
7.12.2022
Tuesday
RegisterRegister
Download Presentation

Specright has been recognized as a Notable Vendor for Specification Management software in the 2022 Gartner® Business Process Context: ‘Magic Quadrant for Multienterprise Supply Chain Business Networks’ (MESCBN)

Tustin, CA - July 12, 2022 - Specright has been recognized as a Notable Vendor for Specification Management software in the 2022 Gartner® Business Process Context: ‘Magic Quadrant for Multienterprise Supply Chain Business Networks’ (MESCBN) .With supply chain complexity increasing daily, companies need to communicate, collaborate, and share data across business units, partners, and suppliers.

Since the majority of product and packaging specification data is scattered across organizations and suppliers, many companies are struggling with how to navigate emerging trends, like sustainability, geo-political unrest, material shortages, and workforce transitions, among other things.

“Over the last few years, we’ve seen companies struggling to adjust to ever-changing market conditions–mainly due to a data problem,” said Matthew Wright, Founder & CEO of Specright. “These challenges are only made harder by complex supply chains. Without true supply chain visibility, companies cannot optimize and improve their bottom line. The only way to do this is by having digitized specification data in a single source of truth.”

According to Gartner, “The MESCBN market recognizes the need for  specialty networks in support of unique process capabilities.” The research notes several assessment criteria for technology and service selection, functionality, industry domain knowledge, network connectivity to business partners, and additional insights from the data created by a multienterprise environment.

“At Specright, we’ve brought together industrialists and technologists with deep domain expertise to build the first patented Specification Management platform,” said Ayman Shoukry, CTO of Specright. “Our platform enables users to not only digitize their specification data, but then drive supplier collaboration, speed up more intelligent product development, ensure compliance, and drive traceability and visibility across their supply chain.”

As the leader in Specification Management, Specright is also focused on strategic partnerships in order to best serve our customers’ holistic digital transformation journey. “We recognize that no one single solution can solve the complex challenges companies are facing today,” said Adam Armstrong, VP of Strategic Partnerships at Specright.

“That’s why we’re partnering with other industry leaders, like SAP, Salesforce, Trayak, TOPS Software, and others, through integrations, to ensure our customers are getting a full picture into how best to utilize their specification data.”“We’re dedicated to helping our customers make products right the first time, every time,” said Wright. “We believe it’s recognitions like this one, from Gartner, that showcase the value of taking a spec-first approach to data management.”

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GARTNER and MAGIC QUADRANT are registered trademarks and service marks of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

ABOUT SPECRIGHT

Specright is the first purpose-built, patented, platform for Specification Data Management™. Whether it’s packaging, raw materials, formulas, products, or machines, Specright helps companies digitize, map, and take action across their supply chain to reduce costs, increase profitability, and drive sustainability. For more information, visit: www.specright.com.

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